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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (538884)	12/27/2009 3:38:34 PM
From: i-node	1 Recommendation Read Replies (1) of 1576826

Never mind that the GOP was the source of those problems from 2001-2007 during the Bush Admin. Look, GWB spent a lot of money -- INCLUDING Part D, which I was opposed to. However, the concept of "paying for it" is absurd. You don't just go raise taxes every time you pass legislation that costs money -- if you did, there would be no stability at all in the tax policy, which is totally disruptive to business. It is like any other budget - you take in revenue, you spend money, and at the end of the day if you can't make ends meet you're going to have to borrow. I'll also remind you that Bush and the GOP passed the Medicare prescription drug plan without even the pretense of paying for it. The CBO price tag on that was $500B over the next 10 years from 2003 when Bush signed it into law. Part D has ended up being nowhere near $500B because of the structure of the program, which was brilliant. But the very legislation you SUPPORT - the health care bill -- will take a financially workable program and turn it into a fiscal nightmare (so-called, "closing the donut hole"). The donut hole is part of what made the legislation such a success, and the Ds are killing it. That has already added significantly to our deficits. Wrong. Part D has NOT "significantly" added to shit. The unfunded liability on Medicare is $60 Trillion. THAT's "significant". And Part D expenditures have steadily decreased each year. So I do find it hilarious that you're only now getting upset. I've been upset at our government's fiscal profligacy since 2003. Sure you have. Except that the Obama health care bill will add multiple trillions to our debt over the next 20 years. 3T, 4T, maybe more. And don't come back with the CBO nonsense because it is just that and even CBO has now admitted it. If you gave a DAMN about deficits you wouldn't be supporting anything this turd has done since Jan 21.

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